Grupo Financiero Banorte SAB de CV 2024 IR

The report highlights Grupo Financiero Banorte's performance and sustainability achievements for the fiscal year 2024, marking its 125th anniversary. The company launched its new '4, 5, 6' strategic plan, focusing on hyper-personalization, digital transformation, and sustainable growth. Key financial achievements include a 7% increase in net income to MXN 56.18 billion and a return on equity of 22.44%. On the environmental front, the group reduced its Scope 1 and 2 greenhouse gas emissions by 13% and issued its first sustainable bond worth MXN 13.06 billion. Additionally, Banorte advanced its social commitments by supporting over 16,000 SMEs and mobilizing MXN 281.1 million through Fundacion Banorte for community development and disaster relief.

Company: Grupo Financiero Banorte SAB de CV

Sector: Financials

Country: Mexico

Year: 2024

Type: IR

Pages: 304

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Grupo Financiero Banorte SAB de CV

Grupo Financiero Banorte SAB de CV 2024 Annual Report

Annual Report

The report highlights Grupo Financiero Banorte's performance and sustainability achievements for the fiscal year 2024, marking its 125th anniversary. The company launched its new '4, 5, 6' strategic plan, focusing on hyper-personalization, digital transformation, and sustainable growth. Key financial achievements include a 7% increase in net income to MXN 56.18 billion and a return on equity of 22.44%. On the environmental front, the group reduced its Scope 1 and 2 greenhouse gas emissions by 13% and issued its first sustainable bond worth MXN 13.06 billion. Additionally, Banorte advanced its social commitments by supporting over 16,000 SMEs and mobilizing MXN 281.1 million through Fundacion Banorte for community development and disaster relief.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Type

Integrated Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees